2 Driftwood DrPetalMS39465
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Petal at 2 Driftwood Dr, Petal, MS, 39465 priced at $282,000 converts $1,500/mo rent into after a $1,380/mo obligation. Total monthly income equals $1,500/mo. Return on cash invested prints 16.8% in year one, and rental yield reads 6.38% against a $282,000 entry. Equity gained on principal adds $1,820/yr, while 5% annual appreciation compiles into $77,911 by year five. Five-year ROI reaches 86.15% and total cumulative return in cash sums $80,533. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,500/mo property income covering a $1,380/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.51 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 39465, Petal, MS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,448 (100%) |
| Owner Occupied HU | 7,220 (76.4%) |
| Renter Occupied HU | 1,600 (16.9%) |
| Vacant Housing Units | 628 ( 6.6%) |
| Median Home Value | $217,637 |
| Average Home Value | $244,005 |
Housing Distribution
Address Breakdown
Residential
9,391
Single Family
9,391
Multi-Family
0
Businesses
640
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Listed by: Sherrye Polles • Coldwell Banker Don Nace Inc.
Mls Name: MLS United
Mls ID: #4112882
Disclaimer: Information is deemed to be reliable but not guaranteed. Copyright 2025 MLS United, LLC.